Beta buys Dreamtool stake

Distributor acquires 48% stake

International distrib Beta Film has acquired a reported 49% stake in Munich production company Dreamtool Entertainment.

Dreamtool, which made the RTL miniseries “Die jagd nach dem schatz der nibelungen” (The Charlemagne Code), has been producing made-for-TV films for all the major German webs since 1999.

Founded by Stefan Raiser and Felix Zackor, shingle’s next major pic “Schattenkinder” (The Shadow Kids) will air Jan. 23 on pubcaster ARD. Beta would not comment on the exact size of the stake or financial terms.

Beta Film has 15,000 hours of programming, making it one of the largest TV-rights distributors in the world.